Letitia James, the attorney general of New York, isn’t the first public official to coin a pithy phrase about Donald Trump, but hers was one of the more memorable ones. James described Trump’s approach to paying business taxes as less “The Art of the Deal — it’s the art of the steal”. Talented lawyer as she is, maybe she should be in
California’s Supreme Court is considering on Wednesday whether President Donald Trump must disclose his tax returns if he wants to be a candidate in the state’s primary election next spring.
The 46-year-old "Hips Don't Lie" singer is already due to stand trial at the end of the year in Spain for allegedly failing to pay 14.5 million euros ($16.3 million) in taxes on income earned between 2012 and 2014.
In a move that could raise hundreds of billions of dollars to help governments cope with the aftermath of COVID-19, the Group of Seven (G7) large advanced economies agreed to back a minimum global corporate tax rate of at least 15%.
Khalid Al Bustani called on tax registrants to take advantage of the important benefits provided by the new amendment as it provides more relief to business sectors in order to support their effective contribution to boosting the national economy's growth.